Neuberger Berman Energy Infrastructure and Income Fund Inc. Declares Monthly Dividend of $0.07 (NYSEAMERICAN:NML)

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) declared a monthly dividend on Friday, May 29th. Investors of record on Monday, June 15th will be paid a dividend of 0.0701 per share by the investment management company on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Monday, June 15th.

Neuberger Berman Energy Infrastructure and Income Fund Trading Up 0.4%

Neuberger Berman Energy Infrastructure and Income Fund stock traded up $0.04 during trading hours on Friday, hitting $10.18. The stock had a trading volume of 130,074 shares, compared to its average volume of 175,223. The company has a 50-day moving average of $10.14 and a two-hundred day moving average of $9.55. Neuberger Berman Energy Infrastructure and Income Fund has a fifty-two week low of $7.89 and a fifty-two week high of $10.71.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of NML. Cetera Investment Advisers lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 8.4% in the second quarter. Cetera Investment Advisers now owns 41,991 shares of the investment management company’s stock worth $378,000 after purchasing an additional 3,261 shares during the period. Invesco Ltd. raised its position in Neuberger Berman Energy Infrastructure and Income Fund by 91.6% in the second quarter. Invesco Ltd. now owns 86,186 shares of the investment management company’s stock worth $776,000 after purchasing an additional 41,205 shares in the last quarter. NewEdge Advisors LLC raised its position in Neuberger Berman Energy Infrastructure and Income Fund by 249.4% in the second quarter. NewEdge Advisors LLC now owns 167,030 shares of the investment management company’s stock worth $1,503,000 after purchasing an additional 119,226 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 8.2% during the second quarter. Ameriprise Financial Inc. now owns 246,471 shares of the investment management company’s stock worth $2,218,000 after purchasing an additional 18,747 shares during the period. Finally, Monetary Management Group Inc. lifted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 30.0% during the 2nd quarter. Monetary Management Group Inc. now owns 5,200 shares of the investment management company’s stock worth $47,000 after buying an additional 1,200 shares during the period.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund (NYSE American: NML) is a closed-end management investment company focused on generating attractive levels of current income by investing primarily in energy infrastructure companies. The fund’s portfolio is anchored by publicly traded master limited partnerships (MLPs) and other energy-related equity securities, with an emphasis on midstream operators engaged in activities such as crude oil and natural gas gathering, processing, transportation and storage.

Through its core investments in North American energy infrastructure, the fund seeks to capture distribution yields and potential long-term capital appreciation associated with essential oil and gas systems.